Disruptions to its schedule, including cancelled voyages,hit the New York and Oslo-listed cruiseship owner in the pocket.
Net income fell by 65% to $26.5m, or 12 cents per share, forthe three months to 31 March.
Excluding one-off items, earnings were $0.21 per share, wellbelow the average analyst estimate of $0.28 per share.
Revenue fell 1% to $1.89bn, in line with analyst’sexpectations.
Despite the setback RCL believes it remains on course for astrong year thanks to an 18% rise in bookings during the first three months.
It raised its full year earnings expectations to $3.25-$3.45per share from a previous forecast of $3.20-$3.40 per share.
Royal Caribbean is the second biggest cruiseship owner in theworld after Miami-based Carnival Corp.
Shares opened at $52.6 in New York todayand fell by nearly 3% in early trading before staging a recoveryto $52.2 at the time of writing.
